1. Aroon Indicator trading strategy
A simple trading strategy using Aroon indicator technical analysis.
Entry rules
Aroon up ( blue line ) reaches the upper point and after Aroon Down ( red line ) reaches mid point.
Exit rules
Aroon down ( red line ) reaches the upper point and after Aroon up ( blue line ) reaches mid point
Stop loss
Place stop loss 20 pips
Aroon indicator trading strategy would have yielded good profitable trade percentages .
2. Aroon Indicator Trading Strategy
The Aroon Oscillator is a trend indicator. It’s mean sell when bearish trend and buy when bullish trend. In this second strategy we will look at the following strategies for trading the Aroon Oscillator, The strategy has the option of giving signals when the Aroon indicator meet the criteria
- Open Long position when aroon indicator crosses above 0
- Open Long position when aroon indicator crosses above some value x
- Open Long position when aroon indicator crosses below 0
- Open Long position when aroon indicator crosses below some value x
Using the aroon indicator to trend trading, give good results. However, open long position when aroon indicator crosses below certain values can yield a small edge. May be useful in filtering out bad trades as we start to build out a strategy.
Aroon Indicator Trend Following Tool, The Aroon indicator anticipates when a security is changing from an impulsive move to a trading range and vice versa.
Download Aroon indicator, Aroon indicator allows you to anticipate changes in security prices from trending to trading range.
